EQUITY joined 7th Forum on Restructuring and Bankruptcy as a General Partner

Bravery is to be Ukrainians who believe in victory and are actively preparing to resolve postwar legal issues.

The debates, attended by lawmakers, defence lawyers, representatives of the banking sector, representatives of the Ministry of Justice of Ukraine turned out to be rather robust and interesting.

Oleg Malinevskyi, EQUITY partner, being a moderator of the first session, traditionally opened the 7th Forum on Restructuring and Bankruptcy that was dedicated to Restructuring and bankruptcy in Ukraine: puting on a wartime footing.

Main messages of speakers:

• Ukrainians are often afraid of bankruptcy procedures and think that they signaling the end of business, but actually it is the opposite. Rertructuring and bankruptcy procedures provide an opportunity for businesses to reborn, optimize, and reconsider business model. Bankruptcy shoudn't be feared - even in times of war.
• Legislators have developed different initiatives with the goal of streamlining the bankruptcy institution. In particular, they are working on expediency, simplification of bankruptcy procedures for business affected by combat operations.
• Banking community is adapting to the new working conditions, providing borrowers with moderate rates, credit vacations, restructuring, etc.  The main goal of banks is not to make money, but to lend a helping hand for people.

We are thankful to all the participants and everyone who joined us online!

Tap the link to watch the discussion.